The 10 best big cities for college grads have plentiful jobs and affordable housing

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Redfin and Glassdoor identified the top 10 big cities for this year’s college graduates.
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Each city was ranked based on criteria related to housing, career opportunities and quality of life.
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Texas has more cities on the list than any other state, with three in the top 10.
graduation season While this year’s graduates have much to celebrate, they are also entering adulthood under significant financial pressure.
There is more student loan debt facing a bigger problem than previous generations unforgiving job marketand they are trying to navigate a housing market with high prices and very high mortgage rates. I think owning a home is unaffordable..
Where graduates choose to live after graduation can make a big difference. Red Fin and Glass Door can help them decide. The companies ranked 10 major metros using 13 indicators related to housing affordability, career opportunities and quality of urban life.
All-state rankings show Texas as a standout destination for college graduates. Three of its largest cities (Dallas, Houston and Austin) are in the top 10. Redfin and Glassdoor highlighted strong job markets and relatively affordable rents for recent graduates.
“These cities in Texas do well on all metrics: strong job markets, good amenities, and relatively affordable housing,” Asad Khan, senior economist at Redfin, told Business Insider. “Strong housing supply growth in Texas has been key to allowing these cities to grow and attract young professionals from higher-cost states across the country.”
“A strong industry mix also makes these cities more resilient and attractive to a wide range of early-career workers,” Khan added.
Read on to find out which other cities are making cuts. The top 10 big cities for this year’s graduates, according to Redfin and Glassdoor:
10.Austin
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Average earnings at the beginning of career: $72,025
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The price of a typical starter home is: $276,600
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Years to save for down payment: 4 years 1 month
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Monthly mortgage payment as a percentage of income: 30.3%
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Monthly rent as a percentage of income: 35%
9.Miami
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Average earnings at the beginning of career: $62,748
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The price of a typical starter home is: $210,000
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Years to save for down payment: 3 years 11 months
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Monthly mortgage payment as a percentage of income: 26.4%
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Monthly rent as a percentage of income: 33%
8.San Diego
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Average earnings at the beginning of career: $74,053
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The price of a typical starter home is: $615,000
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Years to save for down payment: more than 10 years
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Monthly mortgage payment as a percentage of income: 65.4%
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Monthly rent as a percentage of income: 64%




